DeFi
Global Blockchain Summit: An Overview of WebsiteAI with James Blunden
At the World Blockchain Summit, Mark Walker, Editorial Director of Fintech Times, sat down with James Blunden, co-founder and COO of WebsiteAI, to discuss the innovative, space-friendly AI-powered website builder Web3. Blunden provided an in-depth look at how WebsiteAI aims to revolutionize website building for decentralized finance (DeFi) developers and beyond.
WebsiteAI Overview
Blunden explained that WebsiteAI is the first AI website builder designed specifically for the Web3 ecosystem. The tool allows users to build websites entirely through AI prompts. Originally developed for DeFi developers, who often launch projects without a web presence due to a lack of experience or high development costs, WebsiteAI seeks to solve these problems by providing a cost-effective and time-saving solution. Unlike traditional web development platforms like WordPress, Wix, or Weebly, which can be time-consuming and stressful, WebsiteAI promises to create fully customized hosted websites in less than five minutes.
AI models in play
Walker asked about the type of AI WebsiteAI uses. Blunden explained that the platform uses both conversational AI and machine learning models. Originally, WebsiteAI functioned as a simple Telegram bot guiding users through steps like logo creation and content entry. However, it has since evolved, incorporating sophisticated AI models similar to those used by OpenAI’s GPT. These templates allow users to specify their needs and preferences, resulting in a tailor-made website in just a few minutes. WebsiteAI also includes a domain registration service, streamlining the entire process.
Target audience and use cases
Blunden pointed out that the main users are individuals or businesses who don’t have the technical expertise to build websites. The AI-powered tool offers a basic platform that users can use as is or further customize with additional development. This flexibility is suitable for both novices looking for a simple solution and more experienced users looking to expand and improve their web presence.
DeFi Focus and Token Integration
Statistics indicate that the majority of the 1,000 websites hosted by WebsiteAI belong to the DeFi sector, identifiable by their distinctive naming conventions. Blunden noted that WebsiteAI integrates its own token into the website creation process. Users holding a significant amount of these tokens have access to premium models and a revenue sharing program. Currently, all profits from website creation are reinvested into this program, providing passive income to token holders. This model aims to build a strong user base and product usage before focusing on profit.
Revenue and growth strategy
When discussing future revenue models, Blunden acknowledged the challenge of finding comparable Web3 projects. Instead, WebsiteAI looks at the early growth strategies of big tech companies like WordPress, with a focus on user acquisition through product simplicity and word-of-mouth. The goal is to reach 50,000 users by next year by making the platform accessible even to those with minimal technical knowledge. Despite its early days, the company is confident in the potential of AI to continually improve the user experience.
Website diversity and creativity
Walker questioned the uniqueness of WebsiteAI-generated websites. Blunden clarified that while current designs may look similar, AI ensures that content, logos and other customizable elements are unique based on each user’s input. The team plans to increase the number of available templates to further improve uniqueness.
Competitive landscape
Asked about competition with established website builders like GoDaddy and WordPress, Blunden expressed optimism. He believes WebsiteAI’s AI-driven approach gives it a competitive advantage, delivering faster and potentially better-looking results. The continuous development and learning capabilities of their AI models are considered key advantages in this competitive space.
Expanding horizons
WebsiteAI’s participation in the World Blockchain Summit in Dubai aims to gauge interest, form strategic partnerships and gather user feedback. Blunden mentioned potential collaborations with decentralized storage providers like Filecoin, indicating a future in which WebsiteAI will integrate more deeply with other blockchain technologies.
Global reach and language support
Blunden discussed the geographic distribution of its user base, noting significant interest from the United States, followed by Europe and emerging interest in Asia. To cater to a global audience, WebsiteAI supports multiple languages, including Spanish, Italian, Chinese, and German. The team continues to refine and expand these language options to overcome barriers and ensure accessibility.
Looking ahead, WebsiteAI plans to integrate e-commerce capabilities, allowing users to create online stores with secure payment systems. Discussions with fiat payment providers and compliance with privacy regulations are ongoing to ensure these features are robust and user-friendly.
In summary, WebsiteAI represents a significant step forward in merging AI with Web3, providing an innovative website building solution that is both accessible and scalable. As the platform evolves, it aims to cater to a diverse and global audience while maintaining a competitive advantage through continued advancements in AI.